TTM20162015201420132012
Restaurant-level operating margin13.2%14.6%14.0%12.2%13.0%15.5%
Restaurant-level operating margin growth (bps)-17363-35-79-258270
Operating margin-4.1%-0.9%-0.2%-0.9%1.6%2.8%
Operating margin growth (bps)-469-6468-247-121144
Net profit margin-6.8%-2.6%-0.5%-0.9%0.8%2.0%
Net profit margin growth (bps)-681-20435-172-112111

Notes:Restaurant-level operating margin represents restaurant-level operating income, which equals company-operated restaurants sales minus company-operated restaurant costs, which includes cost of goods sold (food, beverage and packaging), labor, occupancy and other operating costs, expressed as a % of company-operated restaurant sales